Top 5 Investing and Financial Management Apps in New Zealand for Q2 2023

Throughout Q2 2023, the top 5 investing and financial management applications in New Zealand displayed varied performance metrics. Data from Sensor Tower reveals trends in weekly downloads, revenue, and active users across these apps.

Sharesies: Easy Investing saw a steady increase in weekly downloads, beginning with approximately 2K downloads at the start of the quarter and peaking at 3.7K in the week of June 5. The app maintained a consistent download rate, averaging around 2.7K to 3K downloads per week towards the end of the quarter.

Binance: Buy Bitcoin & Crypto experienced fluctuations in weekly downloads, starting with 888 downloads and slightly declining to 843 by the end of June. The app's weekly active users showed a downward trend, decreasing from 12.2K at the start of the quarter to 8.7K by the end.

Tiger Trade: Invest Globally demonstrated notable performance in weekly downloads, ranging from 689 to 1.2K, with a significant peak in the last week of June. Revenue trends were modest, peaking at $79 in late April and fluctuating around $9 to $59 in subsequent weeks. The app saw a consistent rise in weekly active users, growing from approximately 13K to 16.6K by the end of the quarter.

Plus500 Trading Platform maintained stable weekly downloads, averaging around 500 to 600 downloads throughout the quarter. The app's weekly active users showed a steady trend, starting at 2.7K and slightly increasing to 2.9K by the end of June.

Lastly, Generate KiwiSaver exhibited variable weekly downloads, with an initial spike to 1.3K in early May and another peak in mid-June. The app's downloads ranged from 680 to 1.3K during the quarter.

For more detailed insights and data, please visit Sensor Tower.